Tufton Capital Management
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| CORNING INC | GLW | $36.7K | 143,707 | +2.16pp | 31q | -11.2%-$4.6K | |
| ALPHABET INC | GOOG | $29.2K | 82,589 | +0.47pp | 31q | -2.6% | |
| MICROSOFT CORP | MSFT | $27.1K | 72,618 | -0.26pp | 31q | +1.7% | |
| APPLE INC | AAPL | $27.0K | 93,351 | +0.12pp | 31q | -2.2% | |
| CATERPILLAR INC | CAT | $23.2K | 21,801 | +0.81pp | 31q | -9.0%-$2.3K | |
| JPMORGAN CHASE & CO | JPM | $22.9K | 69,812 | +0.03pp | 31q | -1.9% | |
| TJX COS INC NEW | TJX | $17.7K | 116,836 | -0.50pp | 31q | -2.2% | |
| AMAZON COM INC | AMZN | $15.9K | 66,916 | +0.08pp | 31q | -2.2% | |
| JOHNSON & JOHNSON | JNJ | $13.6K | 53,500 | -0.13pp | 31q | -1.4% | |
| ABBVIE INC | ABBV | $13.5K | 53,477 | +0.12pp | 31q | -1.2% | |
| RTX CORPORATION | RTX | $13.1K | 69,217 | -0.25pp | 25q | -0.9% | |
| BANK OF AMER CORP | BAC | $12.7K | 223,305 | +0.13pp | 31q | -1.4% | |
| MERCK & CO INC | MRK | $12.6K | 98,272 | -0.05pp | 31q | -0.9% | |
| QUALCOMM INC | QCOM | $11.7K | 63,264 | +0.38pp | 31q | -6.0% | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $11.3K | 23,757 | +0.35pp | 31q | -5.9% | |
| CHUBB LIMITED | CB | $11.2K | 33,011 | -0.09pp | 31q | -1.1% | |
| EXXONMOBIL HOLDINGS CORP COM SHS | XOM | $11.2K | 81,728 | - | new | NEW | |
| AUTOMATIC DATA PROCESSING IN | ADP | $11.1K | 49,619 | +0.01pp | 31q | -1.1% | |
| NORFOLK SOUTHN CORP | NSC | $10.4K | 32,919 | flat | 31q | -1.3% | |
| CHEVRON CORPORATION | CVX | $10.3K | 61,965 | -0.75pp | 31q | -5.7% | |
| EMERSON ELEC CO | EMR | $10.1K | 70,618 | -0.01pp | 31q | -1.2% | |
| WELLS FARGO & CO | WFC | $9.6K | 115,976 | -0.10pp | 31q | -1.4% | |
| LOCKHEED MARTIN CORP | LMT | $9.3K | 18,197 | -0.46pp | 31q | -1.0% | |
| PROCTER & GAMBLE CO | PG | $9.1K | 62,388 | -0.12pp | 31q | -0.9% | |
| NXP SEMICONDUCTORS N V | NXPI | $8.9K | 31,625 | +0.31pp | 26q | -3.8% | |
| TARGET CORP | TGT | $8.3K | 63,678 | -0.02pp | 31q | -1.1% | |
| INTERNATIONAL BUSINESS MACHS | IBM | $7.4K | 26,364 | +0.09pp | 31q | +0.6% | |
| ALPHABET INC | GOOGL | $7.3K | 20,496 | +0.12pp | 31q | -3.6% | |
| PHILIP MORRIS INTL INC | PM | $7.2K | 39,565 | +0.01pp | 31q | HELD | |
| DIGITAL RLTY TR INC | DLR | $7.0K | 38,725 | -0.13pp | 26q | -2.3% | |
| ELI LILLY & CO | LLY | $6.9K | 5,728 | +0.18pp | 13q | -1.5% | |
| CARRIER GLOBAL CORPORATION | CARR | $6.5K | 88,589 | +0.17pp | 25q | -1.7% | |
| ABBOTT LABORATORIES | ABT | $6.2K | 68,318 | -0.19pp | 31q | +3.7% | |
| MONDELEZ INTL INC | MDLZ | $5.9K | 101,380 | -0.10pp | 31q | -1.5% | |
| INTEL CORP | INTC | $5.8K | 41,740 | +0.52pp | 31q | -27.1%-$2.2K | |
| ISHARES TR | IVV | $5.6K | 7,448 | +0.04pp | 31q | -0.7% | |
| DUKE ENERGY CORP NEW | DUK | $5.4K | 42,390 | -0.11pp | 31q | HELD | |
| DANAHER CORP DEL | DHR | $5.2K | 27,082 | -0.09pp | 31q | -2.6% | |
| UNITED PARCEL SVCS INC | UPS | $5.1K | 47,813 | flat | 31q | -1.0% | |
| 3M CO | MMM | $4.9K | 30,071 | +0.02pp | 31q | HELD | |
| COCA COLA CO | KO | $4.9K | 59,788 | -0.01pp | 31q | HELD | |
| MEDTRONIC PLC | MDT | $4.8K | 61,711 | -0.20pp | 24q | -3.9% | |
| STATE STR SPDR DOW JONES IND | DIA | $4.4K | 8,350 | +0.02pp | 31q | -1.2% | |
| CISCO SYS INC | CSCO | $4.2K | 35,797 | +0.20pp | 31q | HELD | |
| PEPSICO INC | PEP | $3.9K | 29,114 | -0.17pp | 31q | -1.5% | |
| BRISTOL-MYERS SQUIBB CO | BMY | $3.7K | 64,310 | -0.09pp | 31q | HELD | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $3.7K | 7,364 | -0.02pp | 31q | HELD | |
| CROWN CASTLE INC | CCI | $3.6K | 48,172 | -0.14pp | 31q | -5.4% | |
| CAPITAL ONE FINL CORP | COF | $3.6K | 17,777 | flat | 31q | -1.1% | |
| DISNEY WALT CO | DIS | $3.5K | 36,180 | -0.13pp | 31q | -11.6% | |
| VERIZON COMMUNICATIONS INC | VZ | $3.4K | 80,685 | -0.17pp | 31q | -1.3% | |
| ZOETIS INC | ZTS | $3.1K | 43,742 | -0.44pp | 31q | -3.0% | |
| STATE STR SPDR S&P 500 ETF T | SPY | $3.1K | 4,162 | +0.02pp | 31q | -2.1% | |
| CHESAPEAKE UTILS CORP | CPK | $3.1K | 25,375 | -0.28pp | 31q | -26.8%-$1.1K | |
| ENTERPRISE PRODS PARTNERS L | EPD | $3.0K | 82,230 | -0.06pp | 31q | -0.7% | |
| QNITY ELECTRONICS INC | Q | $2.4K | 14,729 | +0.08pp | 3q | -4.0% | |
| PNC FINL SVCS GROUP INC | PNC | $2.2K | 9,082 | +0.02pp | 31q | -1.9% | |
| COSTCO WHOLESALE CORPORATION | COST | $2.1K | 2,260 | -0.05pp | 31q | HELD | |
| COLGATE PALMOLIVE CO | CL | $2.1K | 22,889 | -0.01pp | 31q | -0.9% | |
| VANGUARD TAX-MANAGED FDS | VEA | $1.9K | 26,814 | +0.06pp | 31q | +22.0% | |
| ISHARES TR | IEFA | $1.8K | 19,067 | -0.01pp | 31q | -2.2% | |
| NIKE INC | NKE | $1.7K | 41,464 | -0.38pp | 7q | -39.7%-$1.1K | |
| VANGUARD INTL EQUITY INDEX F | VWO | $1.6K | 27,528 | +0.05pp | 31q | +19.2% | |
| DEERE & CO | DE | $1.6K | 2,582 | +0.01pp | 31q | HELD | |
| SPDR SERIES TRUST | SDY | $1.6K | 10,716 | -0.03pp | 31q | -5.8% | |
| AMERICAN EXPRESS CO | AXP | $1.5K | 4,445 | +0.01pp | 30q | HELD | |
| ISHARES TR | IJH | $1.4K | 17,909 | +0.01pp | 31q | -1.9% | |
| NVIDIA CORPORATION | NVDA | $1.3K | 6,710 | +0.01pp | 13q | -1.2% | |
| DUPONT DE NEMOURS INC | $1.3K | 9,584 | - | new | NEW | ||
| MCCORMICK & CO INC | MKC | $1.3K | 25,728 | -0.05pp | 31q | -11.5% | |
| ARM HOLDINGS PLC | ARM | $1.3K | 3,649 | +0.11pp | 9q | -9.9% | |
| META PLATFORMS INC | META | $1.2K | 2,153 | -0.03pp | 19q | -3.4% | |
| ISHARES TR | IJR | $1.2K | 7,984 | +0.02pp | 31q | -1.7% | |
| SYSCO CORP | SYY | $1.1K | 13,704 | +0.01pp | 31q | -2.9% | |
| OTIS WORLDWIDE CORP | OTIS | $1.0K | 14,218 | -0.03pp | 25q | -2.7% | |
| ISHARES INC | IEMG | $976 | 11,793 | +0.01pp | 31q | -1.3% | |
| CHIPOTLE MEXICAN GRILL INC | CMG | $967 | 28,455 | flat | 31q | HELD | |
| SLB LIMITED | SLB | $933 | 20,086 | -0.03pp | 31q | HELD | |
| VISA INC | V | $917 | 2,674 | flat | 24q | -3.2% | |
| GE AEROSPACE | GE | $915 | 2,450 | +0.03pp | 15q | +1.0% | |
| ISHARES TR | IGM | $911 | 5,575 | +0.03pp | 31q | HELD | |
| NEXTERA ENERGY INC | NEE | $828 | 9,438 | -0.02pp | 31q | HELD | |
| WALMART INC | WMT | $771 | 6,809 | -0.02pp | 31q | HELD | |
| GE VERNOVA INC | GEV | $741 | 631 | +0.03pp | 6q | +1.3% | |
| PRICE T ROWE GROUP INC | TROW | $723 | 6,361 | +0.01pp | 31q | -5.2% | |
| VANGUARD INDEX FDS | VOO | $709 | 1,033 | +0.03pp | 2q | +28.6% | |
| ALTRIA GROUP INC | MO | $666 | 9,264 | flat | 31q | +1.4% | |
| UNION PAC CORP | UNP | $658 | 2,421 | flat | 30q | +1.1% | |
| LOWES COS INC | LOW | $647 | 2,935 | -0.02pp | 31q | HELD | |
| EATON CORP PLC | ETN | $568 | 1,334 | +0.01pp | 14q | HELD | |
| SELECT SECTOR SPDR TR | XLK | $553 | 2,906 | +0.02pp | 13q | HELD | |
| DIMENSIONAL ETF TRUST | DFAC | $548 | 12,360 | +0.02pp | 2q | +22.6% | |
| OCCIDENTAL PETE CORP | OXY | $540 | 11,137 | -0.04pp | 6q | HELD | |
| CSX CORP | CSX | $526 | 11,072 | +0.01pp | 31q | HELD | |
| PINTEREST INC | PINS | $509 | 24,215 | flat | 25q | -4.3% | |
| NETFLIX INC | NFLX | $499 | 6,990 | -0.04pp | 15q | HELD | |
| HOME DEPOT INC | HD | $481 | 1,364 | flat | 30q | +0.7% | |
| GOLDMAN SACHS GROUP INC | GS | $480 | 475 | +0.01pp | 9q | HELD | |
| INVESCO QQQ TR | QQQ | $478 | 649 | +0.02pp | 7q | +5.7% | |
| INTUITIVE SURGICAL INC | ISRG | $451 | 1,135 | -0.02pp | 15q | +0.9% | |
| AIR PRODUCTS AND CHEMICALS I | APD | $442 | 1,510 | -0.01pp | 31q | HELD | |
| DOW HLDGS INC | DOW | $442 | 16,157 | -0.05pp | 29q | HELD | |
| ISHARES TR | MTUM | $388 | 1,133 | +0.03pp | 2q | +25.5% | |
| BOSTON SCIENTIFIC CORP | BSX | $372 | 8,727 | -0.04pp | 22q | -3.9% | |
| BOEING CO | BA | $370 | 1,710 | flat | 3q | +5.3% | |
| DIMENSIONAL ETF TRUST | DFUV | $336 | 6,115 | +0.01pp | 2q | +29.8% | |
| DIMENSIONAL ETF TRUST | DUHP | $324 | 7,770 | +0.01pp | 2q | +14.9% | |
| MCDONALDS CORP | MCD | $312 | 1,155 | -0.01pp | 31q | HELD | |
| DIMENSIONAL ETF TRUST | DFIC | $306 | 8,215 | - | new | NEW | |
| STRYKER CORPORATION | SYK | $300 | 955 | -0.01pp | 23q | HELD | |
| VANGUARD INTL EQUITY INDEX F | VEU | $273 | 3,270 | flat | 5q | HELD | |
| BLACKROCK INC | BLK | $271 | 282 | -0.01pp | 6q | -9.6% | |
| UNITEDHEALTH GROUP INC | UNH | $270 | 650 | - | new | NEW | |
| SHELL PLC | SHEL | $246 | 3,178 | -0.01pp | 15q | +2.5% | |
| TESLA INC | TSLA | $243 | 579 | flat | 4q | HELD | |
| FARMERS & MERCHANTS BANCORP | FMAO | $238 | 7,800 | flat | 2q | HELD | |
| FEDEX CORP | FDX | $234 | 750 | -0.02pp | 24q | -11.2% | |
| DIMENSIONAL ETF TRUST | DFIV | $231 | 4,290 | - | new | NEW | |
| AMERICAN CENTY ETF TR | AVEM | $229 | 2,375 | - | new | NEW | |
| BROADCOM INC | AVGO | $214 | 568 | - | new | NEW | |
| BROWN FORMAN CORP | BFB | $214 | 8,051 | -0.01pp | 2q | -8.3% | |
| AMERIPRISE FINL INC | AMP | $208 | 455 | flat | 4q | HELD | |
| MASTERCARD INCORPORATED | MA | $208 | 405 | flat | 19q | -4.7% | |
| SPDR GOLD TR | GLD | $204 | 555 | -0.01pp | 3q | HELD | |
| MONGODB INC | MDB | $201 | 600 | - | new | NEW | |
| ELUTIA INC | ELUT | $14 | 14,550 | flat | 8q | HELD | |
| 27922X105 | $0 | 10,500 | - | new | NEW |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Not classified | $1.3K | 100.0% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $596.0K | 127 | 9 | 19 | 67 | 7 | 38.0% | 27 |
| Q1 2026 | $549.7K | 125 | 8 | 14 | 75 | 4 | 35.7% | 42 |
| Q4 2025 | $572.1K | 121 | 6 | 19 | 75 | 2 | 35.9% | 28 |
| Q3 2025 | $561.0K | 117 | 3 | 17 | 41 | 3 | 35.1% | 31 |
| Q2 2025 | $525.9K | 117 | 1 | 14 | 72 | 3 | 32.9% | 36 |
| Q1 2025 | $519.2M | 119 | 4 | 30 | 41 | 4 | 31.9% | 36 |
| Q4 2024 | $528.7M | 119 | 2 | 25 | 48 | 3 | 33.3% | 36 |
| Q3 2024 | $533.4M | 120 | 6 | 23 | 70 | 4 | 32.0% | 39 |
| Q2 2024 | $514.2M | 118 | 4 | 26 | 48 | 3 | 33.8% | 31 |
| Q1 2024 | $509.2M | 117 | 1 | 31 | 49 | 6 | 32.4% | 37 |
| Q4 2023 | $476.7M | 122 | 5 | 17 | 76 | 2 | 31.4% | 31 |
| Q3 2023 | $448.2M | 119 | 2 | 41 | 38 | 2 | 32.0% | 30 |
| Q2 2023 | $463.5M | 119 | 5 | 17 | 63 | 4 | 31.5% | 28 |
| Q1 2023 | $462.4M | 118 | 4 | 25 | 37 | 0 | 30.1% | 19 |
| Q4 2022 | $454.5M | 114 | 6 | 21 | 49 | 3 | 29.7% | 26 |
| Q3 2022 | $414.3M | 111 | 1 | 17 | 47 | 2 | 30.0% | 21 |
| Q2 2022 | $535.3M | 112 | 0 | 26 | 22 | 13 | 32.1% | 20 |
| Q1 2022 | $618.7M | 125 | 2 | 22 | 69 | 8 | 32.5% | 25 |
| Q4 2021 | $651.3M | 131 | 8 | 32 | 41 | 1 | 32.7% | 28 |
| Q3 2021 | $590.8M | 124 | 2 | 29 | 43 | 4 | 32.5% | 21 |
| Q2 2021 | $608.9M | 126 | 4 | 34 | 56 | 6 | 32.5% | 29 |
| Q1 2021 | $585.3M | 128 | 7 | 37 | 51 | 1 | 32.2% | 22 |
| Q4 2020 | $542.3M | 122 | 9 | 41 | 31 | 4 | 32.7% | 32 |
| Q3 2020 | $484.0M | 117 | 7 | 23 | 55 | 2 | 32.3% | 23 |
| Q2 2020 | $454.1M | 112 | 7 | 44 | 29 | 2 | 32.3% | 27 |
| Q1 2020 | $390.1M | 107 | 2 | 32 | 38 | 13 | 32.3% | 23 |
| Q4 2019 | $508.1M | 118 | 3 | 22 | 43 | 3 | 30.9% | 24 |
| Q3 2019 | $473.9M | 118 | 2 | 12 | 66 | 7 | 30.0% | 25 |
| Q2 2019 | $472.9M | 123 | 6 | 27 | 51 | 4 | 28.9% | 26 |
| Q1 2019 | $469.5M | 121 | 8 | 49 | 34 | 4 | 28.6% | 29 |
| Q4 2018 | $407.6M | 117 | 0 | 0 | 0 | 0 | 29.3% | 28 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.